Huizhou Desay SV Automotive (002920.SZ) plans to spend 300 million to 600 million yuan on implementing a buyback. The buyback price will not exceed 120 yuan per share.

Huizhou Desay SV Automotive (002920.SZ) announced that the company plans to use its own funds and special repurchase loans to repurchase a portion of the company's A shares through centralized bidding trading. The company intends to use no less than 3 billion yuan (including principal) and no more than 6 billion yuan (including principal) of its own funds and special repurchase loans. The repurchase price limit is 120 yuan per share. The repurchase period is within 3 months from the date of approval of the repurchase plan by the board of directors.